The balance of Revaluation Reserve pertaining to an asset that has been disposed off or retired can be transferred to
A)General Reserve A/c
B)Profit & Loss A/c
C)Asset A/c
D)Capital Reserve A/c

Question

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The Answer of The balance of Revaluation Reserve pertaining to an asset that has been disposed off or retired can be transferred to
A)General Reserve A/c
B)Profit & Loss A/c
C)Asset A/c
D)Capital Reserve A/c

The Balance of Revaluation Reserve Pertaining to an Asset That